))
What are the 3 different types of FHA Mortgages
Manage episode 417424472 series 2979320
Content provided by Didier Malagies. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Didier Malagies or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
1. Regular FHA where you can put down 3.5% have lower credit scores, higher income debt ratios
2. FHA203k - Mortgage you can do with an added feature of having Home improvements where you buy a home and get things done like a new roof, air conditioning, etc ., and have it all in one.
3. I am going to catch you on this one, did you know that Reverse Mortgage is an FHA?
So really 3 different types of vehicles that can get you into a home or get home improvements included in the financing or a Reverse Mortgage for the elderly that has no mortgage payment and help subsidize your retirement.
The Government did an incredible job looking at the various ways to help buyers get into a home.
tune in and learn https://www.ddamortgage.com/blog
didier malagies nmls#212566
dda mortgage nmls#324329
262 episodes
Share
